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UnknownUnicorn299787

#BATAINDIA short term spiked price increase momentum phasing out

Short
BATA INDIA (NSE:BATAINDIA)  
UnknownUnicorn299787  
NSE:BATAINDIA   BATA INDIA
BATAINDIA correction short
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bataindia correction short
One can expect the price to see a correction of atleast 5% in the coming days after a sudden spike in price by almost 37% in a little over 3 months.

RSI on daily chart indicates that it is in overbought territory and the overall trend is downwards as well after the price peaked in early 2015.
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